earnings
confidence high
sentiment neutral
materiality 0.75
TaskUs Q2 revenue $246.5M (+36.9% YoY); Q3 guidance implies sharp deceleration to ~12% YoY
TaskUs, Inc.
2022-Q2 EPS reported
$0.19
revenue$486,139,000
- Revenue $246.5M (+36.9% YoY); GAAP net income $7.7M vs loss year ago; non-GAAP adj net income $38.7M, adj EPS $0.38.
- Adjusted EBITDA $55.7M (22.6% margin), down from 24.5% YoY; Free Cash Flow $24.5M, 44% conversion.
- Full year 2022 guidance: revenue $930-950M (+23.6% at midpoint), Adj EBITDA margin ~22.3%, FCF ~$100M.
- Q3 2022 revenue guidance $224-226M, +12% YoY, a sharp deceleration from Q2's 36.9% growth.
- Completed acquisition of heloo (Croatia/European DX provider); 45,300 teammates, ~60% remote.